31 July 2014

Weekly Market Update – week ending 18 July 2014

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weekly market updateInvestment markets and key developments over the past week

Despite initially falling in response to worries about Ukraine and the Middle East shares actually had a good week helped by favourable US and Chinese economic data, good earnings reports and reduced concerns regarding European banks. US shares gained 0.5%, European shares rose 0.4%, Japanese shares rose 0.3%, Chinese shares gained 0.6% and the Australian share market rose 0.8%. However, the geopolitical tensions saw bonds rally and oil rise. While the euro fell, the Australian dollar was little changed.

Please click here to read the full article:  Weekly-Report – 18 July 2014

Corporate Authorised Representative of Viridian Advisory Pty Ltd, ABN 34 605 438 042, AFSL Licence 476223. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information consider its appropriateness, having regard to your objectives, financial situation and needs.

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